Humana Cuts Profit View On Higher Medical Costs -- 3rd Update

TODAY: July 7, 2015 PUB DATE: July 7, 2015

By Liz Hoffman And Anna Wilde Mathews After weeks of banking on a takeover, Humana Inc.'s shareholders reacted coolly to news of the insurer's $34.1 billion announced sale to Aetna Inc., amid concerns over the deal's antitrust prospects, the possibility ...

Asian Shares Shrug Off China, Greece Worries

TODAY: July 7, 2015 PUB DATE: July 7, 2015

By Gregor Stuart Hunter Asian markets rose early Tuesday, as investors shrug off twin concerns over Greece's debt situation and China's economy, which led to a plunge in oil prices. Greece's vote on Sunday to reject creditors' demands, including pension ...

Muted Response to Greece Reflects Change in Markets

TODAY: July 7, 2015 PUB DATE: July 7, 2015

Financial markets' quiet response to the latest Greek crisis shows how much things have changed since worries about Greek debt helped disrupt global markets in 2011 and 2012. Money managers have become more confident in the ability of the European ...

Mexico's Peso Is Stung by Bets on U.S. Rates

TODAY: July 7, 2015 PUB DATE: July 7, 2015

Mexico's currency fell to a record against the dollar Monday, illustrating the downside of popular emerging-market trades at a time of anxiety about higher interest rates in the U.S. Touted for years by Wall Street strategists and bond investor Bill ...

Samsung Affiliates Clear Another Legal Hurdle on Way to Merger

TODAY: July 7, 2015 PUB DATE: July 7, 2015

SEOUL?A South Korean court sided with the Samsung conglomerate Tuesday in a decision that could sway the outcome of a contentious merger between two Samsung companies. The Seoul Central District Court ruled that Samsung C&T;'s sale of its treasury shares?worth ...

Humana Cuts Profit View On Higher Medical Costs -- 4th Update

TODAY: July 7, 2015 PUB DATE: July 7, 2015

By Liz Hoffman And Anna Wilde Mathews After weeks of banking on a takeover, Humana Inc.'s shareholders reacted coolly to news of the insurer's $34.1 billion announced sale to Aetna Inc., amid concerns over the deal's antitrust prospects, the possibility ...

Exor Pitching PartnerRe Investors

TODAY: July 7, 2015 PUB DATE: July 7, 2015

John Elkann, chief executive of Italian investment company Exor SpA, is taking his $6.8 billion offer for reinsurer PartnerRe Ltd. to its investors, hoping to thwart the Bermuda-based company's plan to merge with rival insurer Axis Capital Holding Ltd. Mr. ...

TerraForm to Acquire Wind Farms for $2 Billion

TODAY: July 7, 2015 PUB DATE: July 7, 2015

TerraForm Power Inc. agreed to acquire a majority stake in a portfolio of wind farms in the U.S. and Canada from Invenergy Wind LLC in transactions valued at a combined $2 billion. TerraForm, which was formed last year by a ...

Asian Shares Shrug Off China, Greece Worries

TODAY: July 7, 2015 PUB DATE: July 7, 2015

Asian markets rose early Tuesday, as investors shrug off twin concerns over Greece's debt situation and China's economy, which led to a plunge in oil prices. Greece's vote on Sunday to reject creditors' demands, including pension cuts and tax increases, ...

New Greek Finance Minister Thrown Into the Hot Seat

TODAY: July 7, 2015 PUB DATE: July 7, 2015

Greece's new finance minister, Euclid Tsakalotos, will have to hit the ground running Tuesday in a race to save the country from bankruptcy and possibly crashing out of the eurozone. Mr. Tsakalotos is well versed on what is being asked ...

Mexico Official Sees Deal on Pacific Trade Zone in Late July

TODAY: July 7, 2015 PUB DATE: July 7, 2015

MEXICO CITY?Mexico is confident that an agreement on a major free-trade pact spanning the Pacific Ocean can be reached in late July in what would be a milestone with the potential to reshape economic ties between Asia and the Americas, ...